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CATEGORY: comptroller of the currency

Approach with caution: US banking regulator’s crypto warning
Author: Cointelegraph By Jesse Coghlan
United States
Source: Cointelegraph.com News
Dec 09, 2022 08:20

Approach with caution: US banking regulator’s crypto warning

The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management.

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Acting OCC head warns that ‘fools gold’ in DeFi reminds him of lead-up to GFC
Author: Cointelegraph By Samuel Haig
United States
Source: Cointelegraph.com News
Sep 24, 2021 08:25

Acting OCC head warns that ‘fools gold’ in DeFi reminds him of lead-up to GFC

While crypto has been mostly weathered past hacks, scams, and crashes, acting OCC head Michael Hsu warns the risks may be multiplying as the technology goes mainstream.

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